Insights and Stories on Russia

Mar. 10, 2023 at 7:41 pm CST

Chicago | Reuters — Chicago wheat futures closed higher on Friday, boosted by a weaker U.S. dollar, after hitting a 20-month low, while corn futures rose from a seven-month low. The markets recovered after a week that saw expectations for an extended Black Sea export deal and a lower U.S. […]

By Cassandra Garrison

Mar. 8, 2023 at 2:59 pm CST

Rabat/Paris | Reuters — Morocco, a major cereal importer, has modified its wheat import subsidy scheme to make it easier for companies to bring in cargoes from the Black Sea region, an official at state grain agency ONICL said on Wednesday. The revision, also reported by traders, means that as […]

By Ahmed Eljechtimi, Gus Trompiz

Feb. 28, 2023 at 6:42 pm CST

United Nations | Reuters — Russia and the United States bickered on Tuesday over whether Russian fertilizer could be donated to Syria as Moscow heightens complaints about obstacles to its fertilizer shipments before the renewal of a deal allowing Ukraine Black Sea grain exports. Some 260,000 tonnes of Russian fertilizer […]

By Michelle Nichols

Feb. 17, 2023 at 5:31 pm CST

Chicago | Reuters — Chicago Board of Trade corn, soybean and wheat futures closed modestly higher on Friday as traders squared positions ahead of a three-day U.S. weekend and weighed contrasting crop prospects in South America, analysts said. Uncertainty about the future of a Black Sea grain export corridor underpinned […]

By Julie Ingwersen

Feb. 15, 2023 at 4:33 pm CST

MarketsFarm — Despite some bullish influences, commodity prices at the Chicago Board of Trade (CBOT) were stepping back in mid-February. That movement wasn’t a surprise to Scott Capinegro of Barrington Commodity Brokers in Barrington, Ill. Prices for corn, soybeans and wheat had been at the upper end of their ranges, […]

By Glen Hallick - MarketsFarm